Press Advisory

October 30, 2008

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VetForce signed a landmark agreement with Australian DMO

The Veterans Entrepreneurial Task Force [VetForce], an all-volunteer group of Veteran business owners and The Veterans Construction Company [VCI] signed a Memorandum of Understanding [MOU] with the Australian Defense Material Organization [DMO] in Las Vegas on July 10, 2008.

"This MOU is a very unique agreement between our two countries", said Rick Weidman Chair of VetForce. "For the first time, perhaps in the world, military veterans of two countries will jointly work on business development for their mutual benefit and ultimately the mutual prosperity of our countries."

The Agreement is landmark in its concept. It is anticipated that it will promote closer ties between the parties, increase employment within the respective countries, encourage technology sharing and trade development cooperation and most importantly increase opportunity for military veteran owned enterprise.

"For more than a century, the Australian and American people have been partners in the promotion of and the defense of; democratic governing and free market economic principals", remarked Scott Golden of VCI and VetForce. "We all recognize the sacrifices made by the military veterans of both of our great countries in the protection of these enduring values. What better way to respect their sacrifices then to help them to help themselves through support of veterans entrepreneurship."

Representatives of VetForce, VCI and DM signed this historic agreement, witnessed by a high level official of the US Department of Defense during the luncheon at the 4th Annual Veteran Small Business Conference at Caesars Palace in Las Vegas.